MICR Code: 241002102

Bank: State Bank of India
IFSC Code: Sbin0012330
MICR Code: 241002102
Address: Madhogunj, Baghauli Road, Disthardoi241302
City: Hardoi
District: Madhogunj
State: Uttar Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 241002102.

  • In this case first three codes 241 is city code and it represents city Hardoi.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Madhogunj, Baghauli Road, Disthardoi241302.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.